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I would scale out of the trades. Who says you have to take 5K shares all the way to your target. In theory that would be great but a lot of people have a hard time holding it all the way. Scaling out helps the mental aspect and your confidence which will in turn start helping you hold the...

Hey I tried sending you a PM. IT said your mailbox was full though.

Thanks for the link. Have you used this before? Are the fills instant as if you were trading a futures market or other electronic market so it would be possible to trade breaking econ numbers or market moving events? The firm that would be looking into this is willing to spend money to make money.

Greenspandex's notes for his speech get released (bloomberg ect) right before he starts speaking, then he gives that speech, and then it is followd up with Q&A. So no conspiracy, I guess that is unless you do not have a realtime news service (CNBC does not count although some big equity day...

I am trying to find information about the Cash FX market, fills, how accessible the market is, and what would it take for a firm to get set up to trade this product. Truthfully I do not know much about it at the moment or if it would be even possible. I am not talking about trading it through...

Depending on the kind of firm they might ask probablity questions, tell about a time you failed at something and how did you handle it, why trading, what are your expectations, so you have an idea on how you want to trade, explain or tell about a competitive aspect in your life (sports, chess...

Part of this depends on which market you are talking about. If you trade the fixed income markets you have a ton of people who were stuck long before the fomc today. Todays meeting also probably started in motion a cycle of rate tightening. They might not raise rates in the next few months...

Sorry I meant New York. Most of the ones I have heard of are in chicago although Transmarket and GHCO are in both cities.

I think he was looking for a PROP shop not a PRO. The advantages of a lot lower commission rates then retail - (depending on the product $3-4 lower) and the use of someone elses money so their is NO risk to you. I don't know all the ones in chicago but the couple that pop in my head are...

There seems to be a lot of jealous traders on here of your success. Don't let them get to you just because they can not picture themselves doing it or what ever other limiting beliefs they have no matter how many years they have been trading. Instead of focusing on how it CAN be done they...

Pay and commissions won't be the same. From what I have seen the upside to futures prop is a lot higher and commissions a lot lower in a relative manner. Besides many futures prop firms are thriving and growing while many prop equities firms are struggling to hang in there or scaling back...

Now if it only had 10-15 million shares traded today then it would have been like a move in YHOO in 1999/2000. Yea that TASR was a mover today

Don't thinks so about the compliance. From what I heard many of the prop guys would rather focus on trading these other products instead of stocks so I don't think most of the traders were that concerned about losing stocks, although that might not be the case with all of them. Assent could...

The truth is probably somewhere in between the two versions. Although I know they have some things going on besides equities as you would think (in my opinion) any evolving firm or office should be looking at as trading opportunities increase in other products.

Yea I know people there so I can't either. However I can play the roll of the House, assuming the House always wins.

It is more fun to speculate and have 30 pages of guessing what is going on or why they would leave Assent.:D Maybe we can take odds and bet on the answer.

Assuming this has already occurred lets just say that it could be the other way around and that the Denver group could have left to focus on more productive trading products besides stocks. Assent is not in trouble.

There are a lot of traders that scalp all the futures products doing a lot of RT a day. They all have very low commissions to be able to do this but think of it like the volume of a floor trader but adapted to screen trading. Like all styles some can do it and do it well while a lot can't...

I never came across a firm that let you trade stickly there money (prop) but allowed you to trade remote unless you developed a relationship with them first by trading in their office. All the firms I know of require you to move to Chicago. I looked for the same thing awhile back from CA too...